The most famous shop on the UK high street is the highly regarded Marks and Spencer
http://www.marksandspencer.com
Today, Friday 13th Jan 2017 Marks and Spencer pays it dividend.
It is 6.8p a share.
How much will this cost Marks and Spencer PLC today ?
http://otp.investis.com/generic/regulatory-story.aspx?newsid=832422&cid=228
The Company’s capital consists of 1,624,726,830 ordinary shares with voting rights
So 1,624,726,830 x £0.068 = £110,481,424.44
£110m leaves the bank account today.